Wesson cooking oil brand to be sold to J M Smucker

Packaged food giant Conagra Brands has agreed to sell its Wesson cooking oil brands to J M Smucker Co in a deal worth US$285 million. The move is part of US-based Conagra’s plan to divest private-label and condiments businesses and focus on its branded foods such as Hunt’s, Bertolli, Reddi Wip and Frontera. “We continue…

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